Disciplines

Business | Economics

Abstract

SUMMARY OF ECONOMIC IMPACT

  • A combined economic impact of $44.7 million in economic activity, generating $11.4 million in earnings and supporting 171 jobs. The total economic output includes $12.0 million in indirect and induced economic activity, with approximately 41% ($4.9 million) occurring in the city of Victoria.
  • Victoria Reginal Airport's annual spending of $2.8 million generates $4.4 million in total output and supports 23 jobs. The total economic output includes $1.6 million in indirect and induced economic activity.
  • Skywest Airlines and TSA operations generate $6.6 million in economic activity and supports approximately 30 jobs. The economic activity includes $2.1 million in indirect and induced economic output.
  • The economic activity caused by VCT generated $131,584 in tax revenue for Victoria County and $194,195 for local municipalities.

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